China to lose ally against US trade hawks
Less resistance for Chucky and Lindsey as U.S. business doesn't want to be seen defending China with 10% unemployment. The article also notes complaints about China's currency policy, which last time I checked, hasn't changed much for several years, except for revaluing in favor of U.S. exporters. What would make people change their opinion when the facts on the ground haven't changed? Social mood.
Personal Income increased 0.3% in February; Spending increased 0.8%
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From the BEA: Personal Income and Outlays for February:
*Personal income increased $66.5 billion (0.3 percent at a monthly rate) in
February*, according t...
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